US Bancorp DE Acquires New Position in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA)

US Bancorp DE bought a new position in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) in the third quarter, according to its most recent filing with the SEC. The firm bought 668 shares of the financial services provider’s stock, valued at approximately $28,000.

Several other large investors also recently bought and sold shares of the stock. Renaissance Technologies LLC grew its stake in Atlanta Braves by 7.9% during the 2nd quarter. Renaissance Technologies LLC now owns 232,900 shares of the financial services provider’s stock valued at $9,626,000 after purchasing an additional 17,000 shares during the last quarter. Aurora Investment Counsel lifted its holdings in shares of Atlanta Braves by 12.1% during the second quarter. Aurora Investment Counsel now owns 45,723 shares of the financial services provider’s stock worth $1,890,000 after purchasing an additional 4,945 shares during the period. Alden Global Capital LLC purchased a new stake in Atlanta Braves in the second quarter valued at approximately $1,301,000. GAMMA Investing LLC increased its holdings in Atlanta Braves by 5,336.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,033 shares of the financial services provider’s stock worth $44,000 after buying an additional 1,014 shares during the period. Finally, Nisa Investment Advisors LLC raised its position in Atlanta Braves by 1,500.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 640 shares of the financial services provider’s stock worth $26,000 after buying an additional 600 shares during the last quarter. Hedge funds and other institutional investors own 12.31% of the company’s stock.

Atlanta Braves Price Performance

NASDAQ:BATRA opened at $41.97 on Tuesday. The firm’s fifty day moving average is $42.84 and its two-hundred day moving average is $43.04. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.70 and a current ratio of 0.70. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of -57.71 and a beta of 0.85. Atlanta Braves Holdings, Inc. has a one year low of $39.59 and a one year high of $46.65.

Atlanta Braves Profile

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.